The number one problem in today’s generation and economy is the lack of financial literacy.
—Alan Greenspan (b.1926) American Economist
Economic growth without social progress lets the great majority of people remain in poverty, while a privileged few reap the benefits of rising abundance.
—John F. Kennedy (1917–63) American Head of State, Journalist
If you know how to spend less than you get, you have the philosopher’s stone.
—Benjamin Franklin (1706–90) American Political Leader, Inventor, Diplomat
An economist is someone who knows more about money than the people who have it.
—Unknown
An economy hampered by restrictive tax rates will never produce enough revenue to balance our budget, just as it will never produce enough jobs or enough profits
—John F. Kennedy (1917–63) American Head of State, Journalist
Proportion and propriety are among the best secrets of domestic wisdom; and there is no surer test of integrity than a well-proportioned expenditure.
—Hannah More
In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
—Ezra Pound (1885-1972) American Poet, Translator, Critic
Radicalism itself ceases to be radical when absorbed mainly in preserving its control over a society or an economy.
—Eric Hoffer (1902–83) American Philosopher, Author
Economy before competence is meanness after it; therefore economy is for the poor; the rich may dispense with it.
—Christian Nestell Bovee (1820–1904) American Writer, Aphorist
It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.
—Russell Baker (1925–2019) American Journalist, Humorist, Television Host
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body, the producers and consumers themselves.
—Herbert Hoover (1874–1964) 31st American President
I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes.
—Edward Gibbon (1737–94) English Historian, Politician
The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
—James Thurber
Commerce has set the mark of selfishness, the signet of its all-enslaving power, upon a shining ore, and called it gold: before whose image bow the vulgar great, the vainly rich, the miserable proud, the mob of peasants, nobles, priests, and kings, and with blind feelings reverence the power that grinds them to the dust of misery.
—Percy Bysshe Shelley (1792–1822) English Poet, Dramatist, Essayist, Novelist
Economy is too late when you are at the bottom of your purse.
—Seneca the Younger (Lucius Annaeus Seneca) (c.4 BCE–65 CE) Roman Stoic Philosopher, Statesman, Tragedian
The world abhors closeness, and all but admires extravagance; yet a slack hand shows weakness, and a tight hand strength.
—Sir Thomas Buxton, 1st Baronet (1786–1845) English Politician, Social Reformer
How great, my friends, is the virtue of living upon a little!
—Horace (Quintus Horatius Flaccus) (65–8 BCE) Roman Poet
If all the economists were laid end to end, they would not reach a conclusion.
—George Bernard Shaw (1856–1950) Irish Playwright
People do not understand what a great revenue economy is.
—Cicero (106BCE–43BCE) Roman Philosopher, Orator, Politician, Lawyer
A nation is not in danger of financial disaster merely because it owes itself money.
—Andrew W. Mellon (1855–1937) American Financier, Philanthropist
Economy is half the battle of life. It is not so hard to earn money as to spend it well.
—Charles Spurgeon (1834–92) English Baptist Preacher
Economy has frequently nothing whatever to do with the amount of money being spent, but with the wisdom used in spending it.
—Henry Ford (1863–1947) American Businessperson, Engineer
Thrift is that habit of character that prompts one to work for what he gets, to earn what is paid him; to invest a part of his earnings; to spend wisely and well; to save, but not hoard.
—Neville Chamberlain (1869–1940) English Statesman
There can be no economy where there is no efficiency.
—Benjamin Disraeli (1804–81) British Head of State
In economics the majority is always wrong.
—John Kenneth Galbraith (1908–2006) Canadian-Born American Economist
Men talk in raptures of youth and beauty, wit and sprightliness; but after seven years of union, not one of them is to be compared to good family management, which is seen at every meal, and felt every hour in the husband’s purse.
—John Witherspoon (1723–94) Scottish-American Presbyterian Theologian
A sound economy is a sound understanding brought into action. It is calculation realized; it is the doctrine of proportion reduced to practice; it is foreseeing contingencies and providing against them; it is expecting contingencies and being prepared for them.
—Hannah More
The whole of the global economy is based on supplying the cravings of two per cent of the world’s population.
—Bill Bryson (1951–95) American Humorist, Author, Educator
If you took all the economists in the world and laid them end-to-end, they couldn’t reach a conclusion
—Unknown
Commerce changes the fate and genius of nations.
—Thomas Gray (1716–71) English Poet, Book Collector
Leave a Reply